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president obama. but mitt isn't having it, trying to get ohio voters to the right by focusing on the economy. >> with incomes going down, every year, every year going down, down, down. prices of electricity up and health insurance up and the cost of gasoline, having doubled, these are tough times. even for families with jobs. i know what it takes to get this economy going again. cheryl: so what would a tax plan under a romney/ryan administration look like? rich edson breaks it down for us. rich? >> reporter: well, cheryl, democrats call it a giveaway to the rich at the expense of the middle class. republicans say they're wrong, and this morning governor romney defended his tax plan. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. by bringing rates down, we'll be able to let small businesses keep more of their money to hire more people. >> in the end the details are really up to congress. romney's proposed cutting every tax rate by 20%. to insure the treasury department takes in about the same amount of money under a new system,
: nicole thank you. dagen: take a look at this. the u.s. economy growing at a very weak 1.3% in the second quarter, revised down from 1.7%. that is, well, lousy. connell: deputy editor at the "wall street journal"'s editorial page is here to tell us it's always the economy, stupid, at least that was your column? >> that's right. and any presidential election one way or another it is going to be about the economy, no matter how hard the candidates try to deny that. the most amazing one perhaps of all time is indeed the incumbent obama who is running as though the economy during his term didn't happen or at least if it happened, it was the fault of somebody who was president four years before him and what he wants to talk about is the economy he's going to create starting in january 13 which will consist of people having green jobs, making windmills and solar panels. i think the american voters are probably getting a little bit frustrated that no one will talk about the economy as it exists right now, dropping to 1.3% in the second quarter. the united states economy is barely, barely moving.
, released about an hour ago. gdp, gross domestic products, our big picture economy grew only at an annual rate of 1.3% in the second quarter. i said before, that's stall speed. i mean it. that's very, very low rate of growth. 4% the end of last year, 2 1/2% early this year, now, 1.3, that's a nasty down trend. all right, the markets opened, we did expect an up trend, up tick in the opening bell. we've got it. 25 points higher, ultimately maybe 50 points higher within the next couple of minutes. i want to call this the iphone effect. nokia may cancel its dividend in the face of big time competition from the iphone. okay, nicole, where did nokia shares open? let's start with them. >> they're a winner today. up 2.5%, all right? up 2 1/2%. cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has
and the economy growing 1.3%, 20 million unemployed i hear it is the economy stupid. the people are not responding to a horrible economy, a terrible pe situation and no plan to go forward. >> not attack ads notvery day i criticism they want to know not the specifics. >> we no hope and change was the fancy slogan. but that turned out not to be the case. they just beat up a president how much can you like a man who was not delivering?vering? at the end of the day he is a failed leader. ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country wants cha
if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will take all of that back up again. also, israel's prime minister benjamin netanyahu, calling on the united states and united nations to draw a clear red line on iran's nuclear program and former ambassador john bolton. also, shelby steele on how group and identity politics is shaping this presidential election. turning back to the president's so-called new economic patriotism, the polls and what we can expect over the final 40 days now until election day. clinton adviser, fox news political analyst, doug schoen. also, ed rollins, former reagan political director, it's good to have you with us weather thank you very much for having me. lou: let me start with this new theme. we can all agree that the president has a thing called forward i want to understand, if you will, the motto or mitt romney. this is a man ready to sell himself. you don
it be? >> obviously hit obama hard on the economy. obama did give a little bit of an opening saying he has learned that you can't change washington from the inside. and for a candidate that ran on hope and change that's something that mitt romney could seize on. and this is not mitt romney's style, to the extent he is a technical debater, but if you look back to 2008 when obama stumbled against hilary clinton in those series of debates, it was when it got a little more the cuff. he said you are likable enough hilary, that came across as very cool and dismissive, and perhaps that's a chance for mitt romney to make it a personal thing. perhaps a chance to lull obama into an unforced error like that. >> eliot: the debates rarely change the game only when -- as you said josh -- there is an unforced error. let's switch to the senate race. people thought the republicans would end up with 51 52 seats. how many senate seatings will the republicans hold when all is said and done. >> i don't think they will pick up a majority. and the simultaneous deterioration -- like tommy
. on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: israel's prime minister warned again today that iran is well on its way to creating a nuclear weapon and said the world needs to act. benjamin netanyahu spoke at the united nations. as he has often before, netanyahu condemned iran and its nuclear program, and called on other leaders to do the same. >> at stake is not merely the future of my country. at stake is the future of the world. and nothing could imperil our common future more than the arming of iran with nuclear weapons. >> woodruff: the israeli prime minister said the hour is, quote, "getting late
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
to find work in today's economy. too many of those whore payc.ng are liaycheck to acare ling in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shoul'teasure compassion by how many pele are on wee. hosuomio by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my odorning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city wh willie geist, our national affairs editor for "new york" magazine andnbit analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and ht of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. aninasto f "the politico playbook," executive executor jim vandehei. of course, willie, we've got a lot to talk about. let's start really quickly with the refs! >> they're back. >
. it's go time. ♪ >> the president and michelle obama. >> hes loving, giving, open. >> our economy works the best when everybody gets a shot. >> it looks a little foolish on the view with the girls on the couch. >> there are going to be bumps in the road. >> the world needs american leadership, we do and we're going to bring it. >> a few words from bill clinton can do a man a lot of good. >> i think that ought to be a little bit of a red flag. >> our constitution protects the right to free speech. the future must not belong to those who slander the process of islam. >> i'd give the speech a c. it was a great big warm fuzzy blanket. >> unlike the seattle seahawks last night we want to deserve this victory. i'm sorry i'm a packer fan. i had to get that last one in there. >> let's start with president obama. he spoke this morning, looked presidential, he looked cool under control so here's the first part of his speech. >> true democracy real freedom is hard work. those in power have to resist the temptation to crack down on dissidence. in hard economic times countries must be tempted,
any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? oh, my ohio. mitt romney knows that's trouble. and in a brand new ad one reason is clear, as romney plays face the camera doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what here's an example of a politician speaking this afternoon in bowling green with genuine authenticity and commitment. >> my opponent may think it's fair that someone who makes $20 million a year like he does pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. i refuse to ask middle class families to give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. did we mention ohio voting starts in
. the governor earlier today focused on the economy. >> do we really want four more years with 23 million americans struggling to find a good job? >> no! >> i mean, do we want four more years where half the kids coming out of college can't find work or college-level work? >> no! >> do we want four more years where every single year the take home pay goes down? >> no! >> do we want four more years of trillion dollar deficits? >> no! >> yeah, i don't believe we can afford four more years like the last four years. the people of ohio are going to say loud and clear on november 6th we can't afford four more years, we must do better. [cheers and applause] megyn: well, one of the political writers focused on the romney change today is chris stirewalt, fox news digital politics editor. chris, there is a shift in the romney approach. describe exactly what we're seeing. >> well, what you're seeing is a campaign that had previously been trying to have a campaign that was structured around the idea that barack obama was a nice guy, a good fellow, a good dad and an all-around swell american but that m
, the economy is not in good shape. the middle voters, which are the voters -- who are the voters that mitt romney needs to speak to, what they're hearing is that we want to reduce taxes on the rich and deregulate again. that's what got us into trouble. you know, if they think that we are just going to repeat the things that brought us the terrible problems we had in 2007 and 2008, that's not going to resonate. i don't think that is his message and that's what's coming across. they need to focus on that and not whose poll is right. >> do you think that's the product of some tactical errors or the product of a broader shift in the balance of power within the coalition that is the republican party? >> i think it is part of the balance of power. there's a certain -- ats the extreme, there's a certain core that just wants to unseat this incumbent no matter what and they don't understand that you need to provide an alternative. people are not going to vote against somebody. they've been burned before. they want to know what mitt romney is going to do. mitt romney is going to help everybody, not
the economy's getting better. i trustresident obama now to lehe ecy. i m who's up against huge unemployment numbers. you can rattle through all the economic data that should not be good for president obama. and yet in three or four states that matter, the tide is switching on those questions. >> don't you think florida is shocking? of those three, i tught florida nine points is the most ki >>nnepoll, florida four points in "the washington post" poll. i've said it for months, any repuican candidate that's losing the state of flori has serious problems. >> willie's right, the economic numbers are huge. the othething that relates is e geer g. inseesuiipia polls. the gender gap is gigantic. why did the romney campaign have as their surrogates bay buchanan and liz cheney and kelly ayotte? because they have a huge gender problem, and they're not addressingt with these daily attacks on the president's so-called es >> ry o"leno" last night. i didn't see the whole thing, but the clips i saw, i don't know. i know that's tough to say, but the relatability issue is constant. >> you know, and there's a
with romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? tt rney kha. trouble. and in a brand new ad, one reason is clear, as romney plays face thecamera, doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class e difference is, my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what, here's an example of a politici speaking this nuauti an in bowlingreen wit come >> my opponent may think it's fair that someone who makes $20 million a year, like he does, pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. mi t give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. diwe mention ohio voting starts in sidays? i'm delht to be joined now by former ohioer t strickland with us from columbus
that turned. before then, i think it was a referendum on obama's tenure as the leader of our economy. >> right. he had bob portman, he had a perfect chance to win ohio to say i'm a centrist mainstream republican. here i am. i told you people on the right where i stand on things. i'm now not going to pick the most radical, both fis fiscally and in terms of physical policy guy in washington of any influence. he went to ryan and he stuck with him now and he brought him nothing, ryan. >> charlie crist, a rmepublican and now independent and he does support president obama. governor, good to see you. to carl's point as well as lynn's and let's talk about this selection of paul ryan. you come from a state obviously with a very large older population, key voting bloc. they vote in big percentages. did he buy into, my choosing ryan, the medicare plan which now in every swing state shows not just that people favor president obama's approach but they favor it by double digits. this isn't even close. >> it's pretty stunning. i think the selection did make that a crystal clear choice between these two cand
of the economy in all three states. 51% of polled voters say the president would do the better job. >> okay, let's go back to the last slide, guys. and mark halperin, let's talk to you. i know you agree with me that the media is liberal. guess what? republicans have somehow managed to win despite that media liberal bias. you've said it repeatedly on this show. so despite that fact, mitt romney is not getting crushed in all three of these states because of the liberal media bias. what's happening there, and why is he losing so badly, especially in ohio? >> well, it's very unlikely the president will win those states by those margins, but these numbers are not out of line dramatically with private polling and some other public polling. i think the biggest problem right now remains him. he's not driving a consistent message. the president does -- says something, the republicans get all excited about it. they treat it like a gaffe. they'll talk about it for a day. and then they'll move on to something else. the biggest danger to me right now for the republican party are two things. one is that you l
romney can have. talk about what workings. >> gretchen: the other huge key to the economy is it real estate and bob massey trying to help people struggling with that. and he's hostinglet building your dreams tour in treasure island, florida. >> steve: we were down in the tampa area . and look at those people up and with you already. >> good morning, steve. thanks guys. this is it important. it is great to be here. we are trying to educate people on how to rebuild their dreamings. florida like ohio is ground zero when it come tots foreclose crisis and people losing so much in so many areas. we'll take them from the beginning and how we got here and what helped. and how the lenders put us upside down and how to get out of the jam. what we are hoping for is take it on the road. club much treasure island is great people are here early this morn they loave "fox and friends" and they are distressed it is it like they have had enough. this is going on for years and we are patrionized by the government. and on paper programs look good. but in reality. infrastructure and practical part of the
the economy of iran. he said they've not stopped in deterring the nuclear program that that country is pursuing. he spent much of the speech setting the stage, talking about iranian aggression saying this is what we've seen in iran where they've turned on their own people without a nuclear weapon. what can the world expect if iran is able to obtain a nuclear weapon? an interesting note. he said in his remarks the middle east, europe and america would not be safe. >> yes. this presupposes that iran is not a rational actor or is sometimes described as death call. it's not clear. we've gone through this. i don't know if you were in the late 1990s and early 2000s we went through the same rhetoric with north korea. it it was unthinkable. the world would go through no effort and they couldn't trust them with a bomb, south korea could be destroyed although the touch the button. president clinton said north korea will never use that bomb, because if they do, it will be the end of north korea. netanyahu is clear about the repur repercussions would be for iran if it continues to pursue enrich
the military but the economy, too. according to president obama, there is such a thing as economic patriotism. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> it's become sort of a democratic man tra. in 2008, it was said the richer needs to pay more. >> no wone has more patriotism than even money needs a passport. summers on the beaches of the cayman islands and winters on the slopes of the swiss alps. >> ouch. the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, faceb
in this effort. it's had an effect. oil exports have been curbed, and the iranian economy has been hit hard. it's had an effect on the eco ecy, wust face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the st year alone iran has doubled the mber oftresn its underground nuclear facility. at this late hour there's only one way to peacefully prevent iran from getting atomibombs. that'sy pla a clear, red line on iran's nuclear weapons program. [ applause ] re lin'tea to war. red lines prevent war. just look at nato's charter. it made ear that an attack on one membecountry would be considered an aack o all. nato red line heldo k the peace in europe for nearly half a century. president kennedy selt a red lineuring the cuban missile crisis. that red line also prevented war and helped preserve the peace for decas. in fact, it' tai t place red lines that's often invited aggression. if the western powers had drawn clear red lines during the 1930s, i believe they would have stopped nazi aggression and world waii might have be
the economy he loses. he has a better chance there than foreign policy. osama bin laden is dead. end of argument for that. >> that's part of the reason we see such a jump for obama since the dnc because he has been winning the foreign policy debate. he has been winning on national security. lil' he's also winning on economics. >> that's what romney's biggest problem is. he's not winning on economy or national security. >> eliot: he should go on vacation. he would do better. every time he opens his mouth he goes down in the polls. ohio is the prime example. no republican can win without ohio. mitt romney down by 8 points. abby how is he going to come back? >> it is going to be very difficult. all i can say at this point he's not going to win on electability factor. he won't win on the relatability factor. >> eliot: likability, foreign policy economics. >> where he has some room to grow, i think is on substance. he needs to win the substance debate. that will be shown in upcoming debates. >> eliot: after watch
are not happy with president obama's leadership, especially on the economy. many of the folks don't trust mitt romney. however, if the governor can do what ronald reagan did in 1980, that is keep the incumbent president on the defense during the debates, then the polls will surely change. that's not an easy thing to do because the debate formats allow the candidates to say pretty much whatever they want to sacht the moderator next week jim lair is not going to control obama or romney. he will ask a question and keep quiet. that's not a knock on will he leher. any interruptions are deemed inappropriate. the out of touch with the folks. the president has spent hundreds of millions of dollars on ads stating that. the governor does come across as a classic rich guy. it's tough to picture him super sizing his meal at mcdonald's. the kennedy's were like that as well. but in this class warfare age, that perception is certainly holding romney back. the president's record is dubious to say the least. but many americans aren't paying attention and will vote on emotion. thus the rich guy and regular phi
expressed skepticism about the latest stimulus and its ability to boost the economy. the dow closed down 101 points. >>> good day for shares of research in motion. the blackberry maker said it gained two million subscribers. the investors liked the presentation of the upcoming blackberry 10 operating system. >>> shares of tesla motors nosediving. the electric carmaker slashed its sales target for 2012 and warned it is falling behind of production goals for the model s sedan. it has a follow on stock offering of 4.3 million shares. you can see that stock getting hammered. >>> our top story tonight as widespread protests erupt around the world, the united nations general assembly meeting in new york city in its second day. a hot button issue taking center stage. terrorism and how president obama is handling those threats. earlier he addressed the u.n. about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the oppo
to which they are pumping new cash into the economy which was information that came out last night contributed to a good day in the shanghai stock market, up 2%, it's done horribly for many, many, many months, is that chinese cash injection a big surprise in the same sense that the fed's cash injection was always big surprise? >> i think them coming out and saying that -- affirm something that some people thought, just like people thought there was going to be qe-3 but it wasn't until they affirmed it and we saw stocks take off again. we saw qe 1, qe-2, qe-qe-3. look at our poverty rate, our unemployment rate. that's not a recovery. >> housing prices are getting better. >> that's a bubble. incomes aren't going up. >> housing is in a hugh bubble? >> look at what happened to mortgage rates. >> this is literally unfounded. you're combining these really big stories about poverty which is all legitimate debate to have with a shorter term story with respect to what's happening in the market and i would add after qe 1, after qe-2 and now qe-3, the initial reaction was stocks turned lower.
to see a path, a strategic path to victory. >> most voters identify the economy and jobs as the number- one issue. in this poll, all three swing states pennsylvania ohio and florida have a majority of voters choosing the president as their man to lead the charge, something we have not seen before >> notice that he has managed to weather the concern about the economy largely because romney has not convinced people that he will be a preferable alternative. >> presidential campaigns are character tests >> he is a campaign strategist and has worked with both bill and hillary clinton and al gore and he says it is not over yet >> particularly in the age of replacement referee is that we see in the nfl, the obama campaign should not be celebrating in the end zone too early. >> after republican nominee mitt romney was seen talking about the 47 percent who do not pay income taxes in a secret recording >> last week for romney will arguably go down as one of the worst week's presidential candidate has had in history, just objectively speaking. when you begin the week and you know it is a difficul
to be the worst month of the year historically. we know the global economy is weakening. everybody came on our air saying hey. short the global economy. this did not turn out to be such a good theory did it? right now, 2.9% for one of the best months of the year. not the best month but among the better months of the year. what were the two biggest gains we had this month? the two biggest days? september 6th? that was the day draghi announced the bond buying program. biggest gain. second biggest gain september 13th the day of the fomc meeting. what does this tell us? it tells us what matters in the world is central bank intervention and also what's going on in europe. what was the worst day this year? it was tuesday, the day we saw the riots in madrid because that's the day everybody said uh-oh. this whole deal with spain and this careful choreography moving toward help from the eu could fall apart. turns out maybe it's holding together a little better than anticipated. my point is what moves the world is central bank intervention and what's going on in europe. to play against that is very, very da
help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>> our second story "outfront," mitt romney and president clinton
of the state that his heartaches for people who are struggling in this economy. take a listen to a little bit of what he had to say earlier this morning. >> there is so many in our country that are hurting right now. i want to help them. he know what it takes to get an economy going again and creating jobs. i know a lot of folks that have jobs wonder how they can make ends meet until the end of the month and put food on the table until the -- >> and it's not just here in ohio, suzanne. there is that new "new york times" cbs news poll that came out this morning. not just in ohio, showed a ten-point lead for the president in this state, but if you go to florida with the president has a nine-point lead and in pennsylvania a state that the romney campaign was sort of keeping an eye on in the hopes of maybe going in there and making that state competitive. that state, the president, has a 12-point advantage, so obviously romney has a lot of catching up to do. i had a chance to just e-mail back and forth very briefly with a senior romney advisor, and they're already talking about debate expectation
Search Results 0 to 49 of about 94 (some duplicates have been removed)